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| West Bengal S.C. and S.T. Development & Finance Corporation |
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| Functions of the Corporation |
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| subject to the provisions of this Act, the functions of the Corporation shall be to undertake generally the task of economic welfare of the members of the Scheduled Castes through industrial and commercial activities. |
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| In particular and without prejudice to the generality of the foregoing provisions of this section, the functions of the Corporation shall be - |
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to plan and promote training programmes for increasing the skill and efficiency in different traditional occupations and to establish vocational institutes for the purpose; |
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to promote employment opportunities in various trades and crafts and to sanction stipends for training in different training institutes; |
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to provide necessary infra-structures in connection with all traditional occupations such as establishing ‘dhobighats’, ‘tanning grounds’, ‘fisheries’, etc.; |
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to encourage and undertake setting up of manufacturing and processing units on commercial basis; |
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to promote entrepreneurship by sponsoring self-employment programmes in different trades, crafts and business with the assistance of various financing institutions; |
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to arrange the supply of necessary inputs at reasonable prices for different trades and crafts and to acquire and instal suitable machinery and equipments for the purpose of hiring out; |
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to plan, promote and undertake, on its own or in collaboration with such agencies as may be approved by the Corporation, programmes of agricultural developments, marketing, processing, supply and storage of agricultural produce, small-scale industry, building construction, transport and such other business, trade or activity as may be approved in this behalf by the State Government; |
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to arrange for in-service training, apprenticeship, dealership, etc., in different factories, commercial organizations and industrial complexes; |
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to provide financial assistance by way of grants, subsidies and loans in cash or kind for such purposes as may be approved by the Corporation and also by providing cash credit accommodation against hypothecation of their products; |
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to find out resources for financing all programmes to be undertaken by the Corporation and to that end to receive grants and gifts, raise loans, issue bonds and debentures, draw, make, accept, discount, execute and issue promissory notes, bills of exchange, hundies, bills warrants, debentures and other negotiable instruments; |
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to invest or deposit surplus funds in Government securities or in such other means to be approved by the Corporation; |
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to continue and run the works and programmes transferred to the Corporation by the State Government for operation and to adopt suitable changes for their better execution; |
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to discharge such other functions as may be prescribed or as are supplemental, incidental or consequential to any of the functions conferred on it under this act. |
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| The State Government shall appoint one of the members as the Chairman and may, if it thinks fit, appoint another member as the Vice-Chairman of the Corporation. |
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| In the event of the capital of the Corporation being raised by the issue of shares to the members of the public, provision shall be made by rules made under this Act for the representation of such share-holders in the Corporation, and the manner in which the representatives shall be elected by such share-holders. |
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| The term of office of, and the manner of filling casual vacancies among, the members of the Corporation shall be such as may be prescribed. |
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